16 E Chesapeake AveCrisfieldMD21817
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Crisfield at 16 E Chesapeake Ave, Crisfield, MD, 21817 earns $496/mo cash flow from $1,523/mo rent with a $808/mo payment. Total monthly income totals $1,523/mo, and annual cash flow totals $5,956/yr on $54,698 capital. ROI tracks 30.8% on current figures, and rental yield reads 11.08% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 161.34% and total cumulative return in cash sums $88,247. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,523/mo property income instead of your personal income.
Single Family
Built in 1925
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21817, Crisfield, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,733 (100%) |
| Owner Occupied HU | 1,261 (46.1%) |
| Renter Occupied HU | 778 (28.5%) |
| Vacant Housing Units | 694 (25.4%) |
| Median Home Value | $181,944 |
| Average Home Value | $263,981 |
Housing Distribution
Address Breakdown
Residential
2,488
Single Family
2,395
Multi-Family
93
Businesses
180
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